The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) played a key role in setting the stage for increased whistleblowing in the financial industry. FIRREA strengthened enforcement by making it easier to prosecute financial crimes, increasing the likelihood that wrongdoing would be addressed, and thus making whistleblowing a more attractive option for individuals with insider knowledge. FIRREA paved the way for the Financial Institutions Anti-Fraud Enforcement Act (FIAFEA) of 1990. FIAFEA directly incentivizes whistleblowing by offering financial rewards to those who report violations covered by FIRREA.